Budget Calculator

Please use this budget calculator to work out how much you can afford to borrow.

Remember to allow enough surplus income to cover any emergency. Don't forget that if your personal circumstances change, this can affect your ability to repay the mortgage.

Net Monthly Income (per month) Main wage / Salary, take-home pay Second wage / Salary, take-home pay Investment / Other income Total Income Monthly Outgoings (per month) Anticipated mortgage payment Buildings / Contents insurance Endowment / Investment-linked commitments Life assurance / Pension contributions Mortgage payment protection Car loan / Personal loan / HP Car repairs / Servicing / Tax / Insurance Childcare Children’s clothes / Pocket money / School dinners Clothing / Hairdressing Council Tax Credit cards / Variable payments Electricity / Gas / Oil / Water etc. Ground rent / Service charge (leasehold property) Holidays / Entertainment / Birthdays / Christmas Housekeeping / Food Maintenance payments to dependants Pets / Vet’s bills Private healthcare costs Property repairs / Decoration Public transport costs / Petrol School fees / College fees Telephone TV rental / License Total monthly outgoing Total Expenditure Summary Surplus Income   £0.00